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The following table depicts the yield to maturity on U.S. government treasury strips. Years to Maturity Yield 1 3.60 % 3 4.10 % 5 4.40
The following table depicts the yield to maturity on U.S. government treasury strips.
Years to Maturity | Yield | ||||
1 | 3.60 | % | |||
3 | 4.10 | % | |||
5 | 4.40 | % | |||
10 | 4.60 | % | |||
15 | 4.80 | % | |||
30 | 5.10 | % | |||
Using the data provided in the table, calculate the price of U.S. Treasury strips with 5, 10, and 15 years to maturity. (Hint: Bond prices are quoted as a percentage of par.) (Enter your answer as a percent rounded to 2 decimal places.)
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